Monthly Rent Report
Edison Park Rent Report — January 2024
Asking rents in ZIP 60631, Chicago, from 34 listings.
Median 1BR rent in Edison Park was $1,450 in January 2024, down 71.0% (−$3,545) from December 2023 and up 31.8% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,495. That puts Edison Park $67 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 34 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | — | — | $1,100 – $1,100 | 1 |
| Studio | $2,026 | — | — | $2,026 – $2,026 | 10 |
| 1BR | $1,450 | −$3,545 (-71.0%) | +$350 (+31.8%) | $1,200 – $1,495 | 9 |
| 1BR | $1,600 | −$3,395 (-68.0%) | +$500 (+45.5%) | $1,600 – $1,600 | 1 |
| 2BR | $1,775 | −$125 (-6.6%) | −$275 (-13.4%) | $1,713 – $1,800 | 4 |
| 2BR | $1,395 | −$505 (-26.6%) | −$655 (-32.0%) | $1,395 – $1,395 | 1 |
| 3BR | $2,800 | +$700 (+33.3%) | +$405 (+16.9%) | $2,800 – $2,800 | 1 |
| 3BR | $2,395 | +$295 (+14.0%) | $0 (0.0%) | $2,395 – $2,395 | 7 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Edison Park vs. Chicago — January 2024
| Bedrooms | Edison Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,225 | −$125 (-10.2%) |
| Studio | $2,026 | $1,225 | +$801 (+65.4%) |
| 1BR | $1,450 | $1,517 | −$67 (-4.4%) |
| 1BR | $1,600 | $1,517 | +$83 (+5.5%) |
| 2BR | $1,775 | $1,800 | −$25 (-1.4%) |
| 2BR | $1,395 | $1,800 | −$405 (-22.5%) |
| 3BR | $2,800 | $2,300 | +$500 (+21.7%) |
| 3BR | $2,395 | $2,300 | +$95 (+4.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.